Accession Number : AD0289507

Title :   OPPORTUNISTIC REPLACEMENT OF A SINGLE PART IN THE PRESENCE OF SEVERAL MONITORED PARTS

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : RADNER,ROY ; JORGENSON,DALE W.

Report Date : NOV 1962

Pagination or Media Count : 1

Abstract : The significance of this memorandum is that it presents a rigorous mathematical proof of the optimality of a class of policies for replacement of a single randomly failing part in the presence of any number of monitored parts. The previously-cited memoranda used these policies in a series of applications, but they did not give the necessary proof of optimality. Since the mathematical proof contained in this memorandum is theoretically important, it willALSO BE PUBLISHED IN A SUITABLE SCIENTIFIC JOURNAL, AND IT IS EXPECTED THAT ITS DISSEMINATION WILL ENCOURAGE FURTHER WORK ON MAINTENANCE POLICIES, COVERING BOTH REPLACEMENT AND INSPECTION, BY THE INCREASING NUMBER OF SCIENTIFIC ORGANIZATIONS CONCERNED WITH THESE LOGISTIC PROBLEMS. (Author)

Descriptors :   *FAILURE (MECHANICS), *MAINTENANCE, *QUALITY CONTROL, MATHEMATICAL ANALYSIS, PROBABILITY, SCHEDULING

Distribution Statement : APPROVED FOR PUBLIC RELEASE